The Real Deal New York

The dirt on NYC’s soaring land values

With condo prices failing to keep pace, industry experts worry land prices will hit "point of no returns"

April 06, 2015 09:00AM
By C. J. Hughes


(Credit: Noah McDonough)

From the April issueMuch ink has been spilled about the skyrocketing price of New York City land. Judged against almost every real estate measure in the market, land prices are through the roof — and that’s even as values for co-ops, condos, rentals and office space are soaring. [more]